Cryptoprincess101 (OP)
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January 07, 2024, 02:51:58 AM Merited by EluguHcman (1) |
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I've got to find out that there are some profiles that have received whole lots of merits but some of those profiles don't circulate their sendable merits to others profiles thereby allowing the sendable merits to decay and become worthless. The reason for sendable merits is for a user to send to other profiles in which they find their posts of good qualities and of Meritable standards but I wonder why some users choose to hoard this sendable merits and allowing it to vanish with time. Is it a good habit to allow one's sendable merits to decay?
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Amphenomenon
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January 07, 2024, 03:07:58 AM |
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Is it a good habit to allow one's sendable merits to decay?
Seems like anyone who does allows their sMerits to decay are not really an active member of this forum and I don`t see it as a good habit, I guess that is the reason Thymos set the decay merits system to show holding onto it is vanity Op, you seriously need to calm down on your merit related posts yesterday you made one and today another one. This is just a friendly advice to avoid being ignored by others
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Gio vanna
Jr. Member
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Activity: 30
Merit: 1
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January 07, 2024, 03:14:12 AM |
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At first didn't know smerit can decay, was force to research about it because of this threads and came across post related to this. Unused smerits shouldn't be destroyed but sent to merit sources after 1 month. Didn't know we where also hodl smerit ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) because what the extent of you keeping it when you know it will end up disappearing (decay) when you should have just put it to use than to let it waste. Good grief i found out sooner. Anytime I have smerit I will quickly make used of it by meriting post worth meriting than to let it decay.
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Jawhead999
Legendary
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Merit: 1189
DGbet.fun - Crypto Sportsbook
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January 07, 2024, 03:21:01 AM |
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I've got to find out that there are some profiles that have received whole lots of merits but some of those profiles don't circulate their sendable merits to others profiles thereby allowing the sendable merits to decay and become worthless.
How did you check it? if you only check by clicking their merit history, it's not accurate because the forum only show last 120 days activity. Moreover it's the user's right whether he want to spend his sMerit or not, there's no obligation sMerit must be spend. Even though it was mentioned unused sMerit could be decayed by the administrator, but there's no proof someone claimed if his sMerit got deducted. There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future.
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pinggoki
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January 07, 2024, 03:22:48 AM |
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Is it a good habit to allow one's sendable merits to decay?
Not a good habit but you got to understand that you need to have some level of respect as to how you're going to send those merits so you don't have to do a merit spree that others might judge you to be wasting your merits. Being an active poster and lurker at different discussion boards in the forum actually helps you to choose which posts or replies you're going to have to send your merits to, and that way it also makes it look like you're not that crazy about which person you're going to give a merit and what quality post or reply is sometimes subjective.
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Jegileman
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January 07, 2024, 03:37:28 AM |
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I've got to find out that there are some profiles that have received whole lots of merits but some of those profiles don't circulate their sendable merits to others profiles thereby allowing the sendable merits to decay and become worthless. The reason for sendable merits is for a user to send to other profiles in which they find their posts of good qualities and of Meritable standards but I wonder why some users choose to hoard this sendable merits and allowing it to vanish with time. Is it a good habit to allow one's sendable merits to decay?
I have come across this merit decay before and whenever you are sending out the Smerits you have a message pops up “There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future.” Despite this message, I don’t think anyone’s Smerit have been deducted before due to not sending them or hoarding them for a long time. If the merit decay law has being implemented, maybe we will see more users sending out their Smerits instead of hoarding them without sending to others. I think for now it is only merit sources that gets their Smerits decayed after one month and a new one is refilled for them but what I am not sure of is maybe the Smerits they get from other users which is not from the one Thymos gave them as merit sources will also decay after one month period. Anyone knows more about it? This was a thread by CryptopreneurBrainboss about merit decay few years back, you can also learn some users opinion about how they feel about it.
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FinePoine0
Full Member
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PredX - AI-Powered Prediction Market
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January 07, 2024, 03:50:15 AM |
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Usually those who leave the accumulated Smerit and will not get any benefit. Because transferable merits have to be sent to other accounts it is a moral obligation. As I have been sending merits to others for a long time which will not be of any use to me, I have seen other people's quality and good posts and gifted them. Those who hold accumulated merit act like fools.
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_act_
Legendary
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Merit: 1267
Lightning network is good with small amount of BTC
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January 07, 2024, 06:59:54 AM |
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but I wonder why some users choose to hoard this sendable merits and allowing it to vanish with time.
With what I have noticed, some of these people that you are talking about are excellent posters with one of the most quality posts on this forum. I also noticed that some of them hardly visit this forum except few times which they give answers to a post and leave again and not posting. Another reason can be that they are no more posting. Another reason is that they are knowledgeable, the few merit they give are given to those that have knowledge like them. Is it a good habit to allow one's sendable merits to decay?
I will say no. Theymos knows the way he is checking the merit circulation on this forum. He can create new smerits and which he is doing monthly. No need to decay the smerits of people that are hoarding it. Those who hold accumulated merit act like fools.
You are wrong. They earn the merit and they can decide to send it to anyone or not send it.
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Kelward
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January 07, 2024, 07:39:52 AM |
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I've got to find out that there are some profiles that have received whole lots of merits but some of those profiles don't circulate their sendable merits to others profiles thereby allowing the sendable merits to decay and become worthless. The reason for sendable merits is for a user to send to other profiles in which they find their posts of good qualities and of Meritable standards but I wonder why some users choose to hoard this sendable merits and allowing it to vanish with time. Is it a good habit to allow one's sendable merits to decay?
I think that going to people's profiles to check their merit status is not really necessary, you should just focus on making quality posts that will attract merit to you, because I doubt that anybody can be penalized on this forum for not sharing their smerits, it's a personal choice. I'm by no means supporting members that have smerits and will not give them out to deserving posts, since nobody can merit their own posts, then there's no genuine reasons to let it linger and eventually decay, like you said. Perhaps the smerits hodlers have very high standard for quality that no posts deserves, although I sincerely doubt that, hopefully your thread will encourage them to be giving as received.
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m2017
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Merit: 1383
keep walking, Johnnie
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January 07, 2024, 07:53:27 AM |
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I've got to find out that there are some profiles that have received whole lots of merits but some of those profiles don't circulate their sendable merits to others profiles thereby allowing the sendable merits to decay and become worthless.
I am one of those profiles who is careful about the merits received and who doesn't give out merit left and right everyone. Merit don't get destroyed and become useless (it doesn't have a timer to destroy and disappear), but wait in the wings (in my case) and a worthy post to be sent. If I consider your post worthy, you will receive merit from me. If not, then forgive me, it means you don’t live up to my personal remuneration criteria. The reason for sendable merits is for a user to send to other profiles in which they find their posts of good qualities and of Meritable standards but I wonder why some users choose to hoard this sendable merits and allowing it to vanish with time. Is it a good habit to allow one's sendable merits to decay?
Admit it, you are not worried about disappearing merit, but about the fact that your good posts have not yet received merit, right. And you think that it would be better if other profiles didn't hoard merits like useless garbage, but rather gave them to you, isn't it? P.S. With your nickname you will undoubtedly run for Miss Bitcointalk, right? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Mia Chloe
Sr. Member
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Merit: 559
CEO Mia's Creative
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January 07, 2024, 08:00:52 AM |
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Every bitcointalker has certain things they look for in posts before they give out merits. And just as our usernames are different so are things we find merit worthy. Every user who earned merit has a choice to either spend their smerits or leave them. Some people you may feel as " stingy" with their smerits per say" are some times very busy off the forum and therefore hardly read posts and send merits. Op I think you should worry more about making quality contributions to the forum than thinking about merits. ( Just a friendly advice)
Merits are usually attracted to quality posts like magnets are to iron bars.
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Samlucky O
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January 07, 2024, 08:48:32 AM |
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I've got to find out that there are some profiles that have received whole lots of merits but some of those profiles don't circulate their sendable merits to others profiles thereby allowing the sendable merits to decay and become worthless. The reason for sendable merits is for a user to send to other profiles in which they find their posts of good qualities and of Meritable standards but I wonder why some users choose to hoard this sendable merits and allowing it to vanish with time. Is it a good habit to allow one's sendable merits to decay?
I believe that the reason for some merit decay is because most legendary with tones of merit are usually not online just as @ -act presume. And I believe that to be true. and when they come online and see meritable Post, dey give out in bulk. Sometimes I see post with 50 to100 merit at once. and the reason behind that is that those merit given to them will generate another sendible merit, that can be used by the merit souce given to, in other for them to distribute it instead of allowing it to decay.
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tranthidung
Legendary
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Merit: 4176
Farewell o_e_l_e_o
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January 07, 2024, 08:50:17 AM |
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I've got to find out that there are some profiles that have received whole lots of merits but some of those profiles don't circulate their sendable merits to others profiles thereby allowing the sendable merits to decay and become worthless.
With current merit system, sendable merits stay in that account, forever, before those sMerits are sent to other users or the forum has a big change in merit system, self-destruction of sMerits with a time counter. The reason for sendable merits is for a user to send to other profiles in which they find their posts of good qualities and of Meritable standards but I wonder why some users choose to hoard this sendable merits and allowing it to vanish with time.
Some members hoard their sMerits but it is not big matter for merit system and sMerit circulation because daily and monthly, the forum has new sourced sMerits from theymos, dump to merit sources. theymos has his merit block explorer to observe the circulation and can increase sourced sMerits to merit sources if necessary. Is it a good habit to allow one's sendable merits to decay?
No, in my opinion. I see having a new feature like Demerit is better idea.
Read this too
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Churchillvv
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January 07, 2024, 10:23:42 AM |
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What exactly do your conscience tells you? No right? Yes it's not wise for someone to hoard his/her smerits till it gets to vanished. though I haven't heard of vanish merits so I guess active participants always use there spendable very well. As far as one is active seeing activities going daily he/she will surely be tempted to distribute their merits.
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DdmrDdmr
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There are lies, damned lies and statistics. MTwain
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January 07, 2024, 10:35:03 AM |
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<…> Is it a good habit to allow one's sendable merits to decay?
sMerits don’t decay to date. The warning shown when sending them is meant to incentivise people to move them into circulation, but not even the airdropped sMerits given to accounts when the Merit System kicked-off during January 2018 have decayed in any manner (those would be my first candidates to do so in the event of pondering sMerit decay). Merit Source sMerits, which is a different counter to their personal sMerits, don’t technically decay either, although some could see it as such to a certain extent. Taken to an extreme to exemplify, if a Merit Source with let’s say 1K sMerits per 30 days does not sent any sMerits for a couple of months, his available Merit Source based sMerit will still remain at 1K, not surpassing the assigned quota limit by accumulation due to non-usage. Some people do chose to participate little to none in the Merit System, and may receive quite a bunch whilst not sending sMerits to and fro. I keep track of these cases for my local board, as well as those that are most generous over there. The "meanest" case on my local board has received 595 Merits there, generating 298 sMerits, but has only sent one back to the local board (plus one other sMerit elsewhere). On the othe hand, the account at hand is the most technical account on the local board, and has helped quite a few when encountering difficulties in the field. If he doesn’t care about the Merit System, so be it.
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dzungmobile
Sr. Member
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I stand with Ukraine!
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January 07, 2024, 11:06:57 AM |
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Merit system was kicked off on 24 January 2018 but so far, there is no Merit decay. The system has its 6th anniversary soon! Last 6 years, there were only merit rollback by theymos for a few cases of merit abuses from merit sources. The One year annivesary of merit system has some collective chronological information about it. Historically merits (earned ones) can be reverted by theymos. He did it with some transactions years ago when one merit source used sourced merits inappropriately. By reverting those merit transactions, the receivers had both earned merits and sendable merits drop back. In such scarce cases, both can be doable. theymos did it with an account deMerit and there are 17 negative merit transactions. In blockchain definition, the Bitcointalk Merit blockchain is centralized and reversible. 1587146876 -44 0.msg0 0 1724596 1549404431 -2 0.msg0 0 92110 1549404430 -5 0.msg0 0 81995 1549404430 -2 0.msg0 0 1316028 1549404430 -9 0.msg0 0 290351 1549404430 -1 0.msg0 0 289011 1549404430 -9 0.msg0 0 249872 1549404430 -7 0.msg0 0 249436 1549404430 -8 0.msg0 0 165478 1549404430 -2 0.msg0 0 9645 1549404430 -10 0.msg0 0 358020 1549404430 -10 0.msg0 0 15728 1549404430 -10 0.msg0 0 2536607 1549404430 -4 0.msg0 0 1246188 1549404430 -10 0.msg0 0 355462 1549404430 -10 0.msg0 0 92110 1549404430 -5 0.msg0 0 2472107
Another case is only for sendable merits like we see in the warning after clicking on Merit, it is attached in OP too, it has never happened in the forum since the merit system kick-off.
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KingsDen
Legendary
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Merit: 1072
Goodnight, o_e_l_e_o 🌹
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January 07, 2024, 02:14:35 PM |
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Is it a good habit to allow one's sendable merits to decay?
Do sendable merits actually decay? I haven't heard or seen any thread that anyone complain that their smerits are decayed. Could it be that they don't even check to know if the smerits are actually decayed or not. In the other words, why do people not spend their smerits? Could it be because of one or more of the reasons below; - They don't see quality posts to drop the merits. Maybe they have high standards
- They don't have time to browse the forum to send merits
- They don't believe in the merit system
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Cricktor
Legendary
Offline
Activity: 868
Merit: 1245
Crypto Swap Exchange
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January 07, 2024, 02:36:57 PM |
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I've got to find out that there are some profiles that have received whole lots of merits but some of those profiles don't circulate their sendable merits to others profiles thereby allowing the sendable merits to decay and become worthless.
How did you check it? if you only check by clicking their merit history, it's not accurate because the forum only show last 120 days activity. DdmrDdmr's Bitcointalk Merit Dashboard can provide such and much more data. It is an awesome tool and can be used for numerous evaluations in the Merit ecosystem. At time of this post e.g. Jawhead999 received 1125 merits (no airdrop) in 692 TXReceived and sent out 456 smerits in 442 TXSent. It seems you prefer (for 99.10% of your merit sends) to send only 1 sMerit at a time (no judgement). You still hoard (no judgement) around 106.5 sMerits of which you only see 106. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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knowngunman
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January 07, 2024, 02:41:06 PM |
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I've got to find out that there are some profiles that have received whole lots of merits but some of those profiles don't circulate their sendable merits to others profiles thereby allowing the sendable merits to decay and become worthless. The reason for sendable merits is for a user to send to other profiles in which they find their posts of good qualities and of Meritable standards but I wonder why some users choose to hoard this sendable merits and allowing it to vanish with time.
It's either you did a wrong research or you are just assuming without making any effort to seek accurate information as regarding your topic. If you truly did, you would discovered that there's no any case of merit decay so far since the introduction of merit system. Now, I'm beginning to question how you got to find out your claim. If you think you are right in anyway, please reference any account here with such case and we'll verify. Is it a good habit to allow one's sendable merits to decay?
This is what you should have centered on rather than making nonexistent finding. Despite that sMerit can not decay (as the case is so far) although the forum reserves the right to decay it anytime when necessary, it's not a good habit to hoard it for any reason. It has no benefits for you other than causing scarcity of merits in the forum. We have merits source to curb that thou but it's advisable for members to circulate the merit when they see a merit worthy post.
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tyz
Legendary
Offline
Activity: 3360
Merit: 1533
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January 07, 2024, 03:23:14 PM |
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I've got to find out that there are some profiles that have received whole lots of merits but some of those profiles don't circulate their sendable merits to others profiles thereby allowing the sendable merits to decay and become worthless. The reason for sendable merits is for a user to send to other profiles in which they find their posts of good qualities and of Meritable standards but I wonder why some users choose to hoard this sendable merits and allowing it to vanish with time. Is it a good habit to allow one's sendable merits to decay?
It is not so bad if the sendable merits are not distributed (which by the way do not decay), as there are additional merit sources (mostly users who have been around for a long time or outstanding users) who regularly receive a larger amount of merits to distribute. This alone ensures the liquidity and availability of merits.
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